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Longmont 80503
4304 Arezzo Dr
$662,600
● House - Off Market

4304 Arezzo Dr

Longmont, CO 80503
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,399 Ft²
$3,772
Est. Monthly
$68
HOA / Fees
4.72%
Cap Rate

About This Property

Renaissance Subd 4-bed, 4-bath home with a main level comprising a spacious kitchen with stainless appliances and wood floors that flow into the dining area and living room, and a deck overlooking a shaded yard with mature trees. Other features include a large primary suite with 5-piece bathroom, a fully-finished basement perfect for guests or a home office, newer roof, furnace and hot water heater. Great schools, convenient access to shopping and restaurants, and an easy commute to Boulder. Property back on the market after the following updates: new paint inside and out and new carpet!
Unit Size
2,399 Ft²
Days on Market
41 days
Land Size
0.13 acres
Price per sqft
$286
Property Type
House
Property Taxes
$340
HOA Dues
$68
Year Built
2005

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (IRES MLS #1012941)

Price History

Date / Event Date Event Price
Sep 6, 2024 Sold
Premium
Sold
Jun 24, 2024 Listed by KL Realty $685,000
Listed by KL Realty
Mar 10, 2015 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 6
  • Building Style: 2
  • Exterior Walls Type: 16
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 686
  • Garage Type: 1
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,592
  • Total Building Area: 2,888
  • Gross Building Area: 2,888
  • Building Area: 2,399
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,399
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RENAISSANCE FLG 3
  • Land Acres: 0000000128
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 25 BLOCK 7 RENAISSANCE FLG 3

Neighborhood

  • School District Name: St. Vrain Valley School District RE 1J
  • Census Tract: 013214

Geography

  • Account Number: R0501898
  • Parcel: R0501898
  • Block: 7
  • Lot: 25
  • Meridian: SEC 18 TWN 2N RNG 69
  • Municipality: LONGMONT
  • Latitude: 40.1391
  • Longitude: -105.159

    Address

  • Full Address: 4304 Arezzo Dr
  • Address - House Number: 4304
  • Address - Street Name: Arezzo
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Longmont
  • Carrier Code: R018
  • 4-Digit Zip Code: 4158
  • Zip Code: 80503

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $349,724
  • Tax Rate Code Area: 00-680

    Appraisal Valuation

  • Standard Deviation: 0.1697
  • Valuation Date: May 17, 2023
  • Confidence Score: 78
  • Final Value: 724,923
  • High Value: 847,961
  • Low Value: 601,885

    Market Valuation

  • Market Total Value: $700,900
  • Market Land Value: $140,900
  • Market Improvement Value: $560,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $47,416
  • Assessed Land Value: $9,532
  • Assessed Improvements Value: $37,884

    Sales

  • Current Sale Contract Date: Mar 06, 2015
  • Current Sale Recording Date: Mar 10, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3432175
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Longmont

Stats & Trends

Median Asking:

$544,000

Sale Price/ft²

$295

Above Asking

0.00%

Average Days on Market

51

Average Home Size

1970 ft²

Average Home Age

33.9 years

Currently For Sale

537 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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IRES

Listed by: The KL Team, KL Realty
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 1012941
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Compensation information displayed on listing details is only applicable to other participants and subscribers of the source MLS.

Frequently Asked Questions

When was property at 4304 Arezzo Drive built and last sold?
The property at 4304 Arezzo Drive was built in 2005 and last sold on Mar 6, 2015 for $355,000.
How much is this home worth?
The estimated value of the home located at 4304 Arezzo Drive is $0.
What are some comparable homes to 4304 Arezzo Drive?
There are currently no comparable homes to 4304 Arezzo Drive.
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